Edmonton Real Estate Market Weekly Update, Feb. 1/13

by Sara MacLennan on February 1, 201301. Feb, 2013 in Edmonton Real Estate Market, Weekly Update

EdmontonRealEstateMarketUpdate
Edmonton Real Estate Market Update

Here is our update on the Edmonton real estate market. (Previous week’s number are in brackets). For the past 7 days:

New Listings: 329 (309, 384, 296)
# Sales: 157 (188, 194, 119)
Ratio: 48% (61%, 51%, 40%)
# Price Changes: 110 (99, 113, 81)
# Expired/Off Market Listings: 228 (93, 187, 120)
Net loss/gain in listings this week: -56 (28, 3, 57)
Active single family home listings: 1686 (1700, 1677, 1632)
Active condo listings: 1263 (1265, 1229, 1227)
Homes 4-week running average: $387k ($379k, $375k, $388k)
Condos 4-week running average: $217k ($212k, $201k, $227k)

Today is a double whammy with both weekly and monthly stats, so I’ll keep this short and get to work on the monthly numbers… Sales cooled off a little this week, but I expect that is temporary as there are a lot of pending deals at the moment. Average prices appear to be rebounding quickly after the sudden drop a couple of weeks ago – both condos and single family homes are now higher than they were a year ago.

Feb113
Edmonton Listings and Sales
Feb113a
Edmonton Real Estate Prices

Have a great weekend!

About

Sara MacLennan is the Director of Marketing at Liv Real Estate and a licensed Real Estate Associate. The bulk of Sara’s experience and wealth of expertise lies in on-line technology and marketing both for agents and consumers. Sara is the former National Director for Interactive Marketing for Coldwell Banker Canada where she was responsible for an extensive training program traveling to offices across the country training agents and brokers on marketing and technology. Find Sara on Twitter @edmontonblogger.

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